Under Armour Hikes Outlook On Q3 Earnings Beat

November 2, 2021

Under Armour Inc. strongly raised its guidance for the full year after reporting third-quarter earnings that were double Wall Street’s consensus targets. Revenues climbed 8 percent in the third quarter.

Sales of $1.5 billion were just ahead of Wall Street’s consensus target of $1.48 billion. Adjusted earnings of 31 cents topped Wall Street’s consensus target of 15 cents. SGB Media